Friday, March 16, 2018

A senior US State Department official has repeated Washington’s support for Cyprus’ right to carry out an offshore search for oil and gas, AP reported. Assistant Secretary of State Wess Mitchell said after talks with Cypriot President Nicos Anastasiades on Friday in Nicosia that the US also wants to see a resumption of talks to reunify the ethnically divided island nation.

Friday, February 09, 2018

Tensions between Cairo and Ankara remerged this week after Turkey’s foreign minister announced that oil exploration projects would start in the eastern Mediterranean Sea where Cyprus and Egypt have already divided up the rights.

Tuesday, December 05, 2017

A potential undersea pipeline carrying natural gas from deposits in the eastern Mediterranean to Europe is "very realistic" and could help secure the continent’s energy future, Israel’s energy minister said Tuesday.

Sunday, June 26, 2016

When we see how the third Cypriot licensing round is progressing, the
making of comparisons with the associated data regarding Greece it's
unavoidable, even though it would be a huge mistake, due to the
difference of government points of view, which are so radical that the
whole context is determined by the Greek side.

Thursday, April 07, 2016

The value of the EEZ became a perceivable fact only in Cyprus. Whereas in Greece, there are still politicians, and an entire government at that, who are unaware of how to go about even copying the Cypriot model.

Saturday, April 02, 2016

The ENI-Kogas license renewal re: marine plots 2, 3 and 9 of the Cypriot EEZ, comes not only to confirm our expectations, but simultaneously to enhance our conviction about the huge interest towards the region in regards to the hydrocarbon sector.

Sunday, February 28, 2016

While some choose to be dealing exclusively with petty politics and
partisanly negotiations, we end up having great delays in the energean
sector, which by the way is constantly evolving, and in a drastic
fashion at that.

Sunday, November 01, 2015

E. Conophagos, N. LygerosTranslated from the Greek by Angeliki PapadopoulouWhen we examine the situations at a geological and an energean level in both Cyprus and Crete, we observe significant proportions which should be also utilized at a regional level, since the overall context is delayed in taking effective decisions.

Friday, January 02, 2015

Cyprus
warned Turkey Friday that if it re-entered the exclusive economic zone
where Nicosia has licensed exploratory drilling there would be no chance
of resuming stalled UN-brokered peace talks. Government
spokesman Nicos Christodoulides said any such a move would be a
"worrying development" and would only "validate the reason for not
returning to the talks".

Thursday, January 02, 2014

Turkey’s Energy and Natural Resources Minister Taner Yildiz has said that any profits gained from oil and natural gas from the eastern Mediterranean should belong to people the people of Cyprus.

Comparing the island to Iraq, Yildiz told a press conference ‘the same way we say oil extracted from Iraq belongs to Iraq, we say that any oil or natural gas extracted anywhere around Cyprus belongs to Cyprus.’

These comments come as disputes between Turkey and Cyprus continue to boil over.

NICOSIA, Cyprus — Cyprus' offshore natural gas deposits are enough to
warrant the construction of a gas processing plant to export excess
supply, regardless of whether Israel decides to be a partner in the
project, the island nation's foreign minister said Wednesday.
Ioannis
Kasoulides said Cyprus is continuing talks with Israel, which has also
discovered its own offshore gas deposits, on ways the countries can best
exploit their mineral reserves. Cyprus is particularly keen, hoping its
future gas wealth will help pull it out of a crushing economic crisis
that has forced it to ask for an international bailout.

EL KAOS UT

The UN has imposed a 2013 deadline for the submission of scientific claims to the Arctic seabed. It is the precursor to a resource boom which would see Canada, the US, Russia, Norway and Greenland all attempt to exploit the region's resources.